UndisclosedStrategic acquisitionIndustrials & Manufacturing
Trane Technologies to acquire heat-transfer maker Cancoil
Climate company Trane Technologies signed a definitive agreement to acquire Cancoil Thermal Corporation, a North American heat-transfer products manufacturer founded in 1983 and headquartered in Ontario, Canada. Terms were not disclosed in the excerpt.
Why it matters: Trane says the deal strengthens supply chain resiliency and thermal management expertise.
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